Podcasts Business Non-Profit Macro Musings with David Beckworth 03 - John Cochrane on Finance, the Fiscal Theory of the Price Level, and Blogging

03 - John Cochrane on Finance, the Fiscal Theory of the Price Level, and Blogging

Published: April 25, 2016, 9:12 a.m.

b'In this episode, John Cochrane, senior fellow at the Hoover Institution and blogger at The Grumpy Economist, discusses his journey into economics and finance with host David Beckworth. They also discuss the controversial fiscal theory of the price level, which argues that fiscal policy, not monetary policy set by central banks, primarily determines inflation. David\\u2019s blog: http://macromarketmusings.blogspot.com/ John Cochrane\\u2019s blog: http://johnhcochrane.blogspot.com/ John Cochrane\\u2019s Twitter: https://twitter.com/JohnHCochrane Links from today\\u2019s conversation: http://faculty.chicagobooth.edu/john.cochrane/research/papers/Campbell_Cochrane_By_Force_of_Habit_(JPE).pdf http://faculty.chicagobooth.edu/john.cochrane/research/papers/New_Structure.pdf http://isites.harvard.edu/fs/docs/icb.topic500592.files/sargent%20wallace.pdf'